Tristate Capital (TSC) Tops Q2 EPS by 3c

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TriState Capital Reports Second Quarter 2015 Financial Results

July 22, 2015 4:20 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) today reported record net income in the second quarter of 2015, driven by increases in non-interest income and net interest income, double-digit loan growth and superior credit metrics.

Net income for the parent company of TriState Capital Bank and Chartwell Investment Partners grew to $5.7 million in the second quarter of 2015, compared to $5.1 million in the first quarter and $514,000 in the second quarter of 2014. Net income per diluted share increased to $0.20 in the second quarter of 2015, compared to $0.18 in the first quarter and $0.02 in the second quarter of... More